Autodesk Acquires Assemble: The “Why?” Behind the Merger
Emily Pollock posted on July 16, 2018 |
Assemble’s Software as Service platform lets construction professionals effectively store and connect data about building plans (Image courtesy of Assemble).
Autodesk has acquired Assemble Systems, a startup that has brought BIM to the construction industry.
“Assemble’s been around for a few years, they’ve been a good partner of ours,” said Jim Lynch, the VP of Autodesk’s construction project group. A year ago, Autodesk contributed a large portion of Assemble’s Series A funding, making it a strategic investor in the startup. This time around, the terms of the deal are not being disclosed, but it is public that the deal is occurring through a mixture of cash and stock.
Their partnership with Assemble isn’t Autodesk’s first foray into construction. The company recently launched project management platform BIM 360, a cloud platform that supports construction project management and a connection between design and construction professionals. According to Autodesk, Assemble’s capabilities are “complementary” to BIM 360’s.
“I think the biggest benefit is the fact that they do a really impressive job of connecting project data from design into pre-construction, which really sets the stage for the construction process,” said Lynch. “We think it strengthens our pre-construction offering by conditioning or preconditioning that model…